April 6 (Reuters) - PBG SA PBGG.WA :
* SAID ON THURSDAY MANAGEMENT ACCEPTED UPDATED STRATEGY FOR
2018-2020
* THE UPDATED STRATEGY ASSUMES LONG-TERM INCREASE IN VALUE
OF
COMPANY VIA CONSTRUCTION OF LARGEST POLISH ENGINEERING AND
CONSTRUCTION GROUP BASED ON RAFAKO GROUP RFK.WA
* UNDER UPDATED STRATEGY COMPANY PLANS TO EXPAND ON FOREIGN
MARKETS IN TWO STRATEGIC SECTORS: POWER ENGINEERING AND NATURAL
GAS AND OIL
* PLANS TO PARTICIPATE IN INDUSTRIAL CONSTRUCTION MARKET
* SAYS STRATEGIC PLANS WILL BE REALIZED BY REORGANIZING PBG
GROUP,
WHICH IS TO INCREASE RAFAKO'S AREA OF COMPETENCE
* PLANS TO MERGE RAFAKO ENGINEERING SP. Z O.O., PBG OIL AND
GAS
SP. Z O.O. AND PGL DOM SP. Z O.O. AND RAFAKO RFK.WA WILL HOLD
MAJORITY STAKE IN THE COMBINED ENTITY
Source text for Eikon: urn:newsml:reuters.com:*:nEM2gb53la
Further companies coverage: PBGG.WA , RFK.WA
(Gdynia Newsroom)
((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))